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9) A perpetuity of $5,000 per year is said to offer a 15% interest rate. What is its present value? a. $33,333.33 b. $37,681.16 c.

9) A perpetuity of $5,000 per year is said to offer a 15% interest rate. What is its present value? a. $33,333.33 b. $37,681.16 c. $38,333.33 d. $65,217.39

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